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taxes, the economy has grown whether on the left with president kennedy or left with reagan. the left said clinton raised taxes and what is often ignored, clinton cut the capitol gains tax and he cut spending as aercentage of gdp. the obama administration want to go the opposite way, if they do they will make fdr a libitarian. >> jamull is it good or bad for the economy? >> i don't think the president said that they should take a hike if the tax hikings don't happen. our biggest problem are the spending cuts . bigger than that are the job losses, and so i am going to talk about tax cuts, a huge one to see happen the vernment should give tax cut to companies so they can hire new workerings, spending cuts and focusing on the dicit, that is moving us in the wronging direction. if we want to talk about tax cuts, give the corporations that are sitting on records and the dow closed at record highs, give them a tax cut to hire new workers. >> toby, tax hikings are the issue here. this is what dems are calling for. is this the time with the recovery, so, so iffy to do that? >> no remember the
this discussion many times. every time we cut taxes, the economy has grown whether on the left with president kennedy or left with reagan. the left said clinton raised taxes and what is often ignored, clinton cut the capitol gains tax and he cut spending as a percentage of gdp. the obama administration want to go the opposite way, if they do they will make fdr a libitarian. >> jamull is it good or bad for the economy? >> i don't think the president said that they should take a hike if the tax hikings don't happen. our biggest problem are the spending cuts . bigger than that are the job losses, and so i am going to talk about tax cuts, a huge one to see happen the government should give tax cut to companies so they can hire new workerings, spending cuts and focusing on the deficit, that is moving us in the wronging direction. if we want to talk about tax cuts, give the corporations that are sitting on records and the dow closed at record highs, give them a tax cut to hire new workers. >> toby, tax hikings are the issue here. this is what dems are calling for. is this the time with the recovery
insolvent. the banks in cyprus are huge, eight times the size of the economy. consider that here in the united states. our banking system is roughly one-time the size of our economy. what we're waiting to see next are they going to get this through parliament and get it done? it is so controversial they're trying to find out different ways to make it less controversial. impose the tax on larger shareholders to a much greater degree. it was originally 9.9% and you go to 12%. if you didn't want to tax the small guys at all you'd have to go to 15% or 16%. this is the scene when the president walked into the palace headquarters. there were people there with no written on their hand and this says merkel stole our money. keep in mind, european union will still give them 10 billion euros and they were trying to come up to reduce the original size from 17 billion euros. the other thing to keep in mind, by taxing depositors they're taxing a lot of foreigners and a lot of russians who had kept their money. the thing is will the rest of europe, will small depositors across the rest of europ
, ceo and president joins me from new york in a fox bids exclusive. you are bullish on the economy. i want to be there, and there's a mixed bag here, unemployment, 7% to 8% range, forecasted for the year. housing, a little bit of a concern here from economists that the housing market is ahead of itself, but, still, bullish on the u.s. economy, so explain that. >> yes, thanks, cheryl. we are bullish on the u.s. economy, housing continues to come back. you saw the numbers today, but, you know, it's still 15, 20, 25%, spending where you are, in the u.s. 30% where it was at its peak. you know, household formation in the last few years has been delayed because of americans deciding to live with their parents, essentially, but population growth continues. bullish on the housing market driving quite of other consumer demand. cheryl: are you changing your asset allocation mix now? is that something you're in the midst of doing, especially on a day like today and yesterday when there seems to be a lot of money moving around, not a lot of new money, but money moving nonetheless. >> we're not ch
and champion growth. our economy is stagnant and a lot of people are hurting. and that's where my focus remains, every day. >> shannon: you mentioned that republicans and democrats, you question whether or not they have read the constitution recently and if they adhere to it and if they are really familiar with what it is at its core. how do you reconfigure? how does either party get back to that? >> i think we are seeing a rejuvenation in the republican party. visaid for a while. i think -- i have said for a while, i think the best thing that happened to republicans was to get our teeth kicked in by 2008. by 2006, 2008, i think that republicans had stopped standing for principle. we saw a new generation of leaders step forward in 2010 and more continue in 2012, who are really focused on getting back to our core principles, getting back to the constitution and getting back to free market principles. i think far too many republicans had gone along to get along. had agreed with democrats and exploding the size of government -- i mean, that's how we have gotten a $16.5 trillion debt. i think the p
and the austerity he is putting in place has caused the economy to be really slow. >> a lot of tax increases over there in europe. we look at this austerity bit. i want to talk about this for a second. >> i want to get back to the budget then. >> talk about what is happening in washington. you know, economics discussed on tv or on the internet or on twitter, it's so depressing, because people really don't know what they are talking about and they just sort of boil it down and there is this belief through the years, that tax cuts are not a tool used. of course, tax cuts are a tool used and tax increases something that traditional are against in bad times. we hear about austerity across great britain and we never hear about the tax increases. when you talk about the fact they cut and slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases both take money out of the economy and slow the economy and, yes, they create this idea of austerity. but, look. it's a balancing problem. on the one hand you need to deal with it budgets and defici
might go a little higher. that has an inflationary effect on the economy. so you may be talking away the money you just gave that employee through the increase. raise prices throughout the economy. >> i have to say, you've now switched your argument from what it was going to do to your business to what it's going to do to the economy. >> very sharp, senator warren. whether a minimum wage increase and why. we've heard all this madness on the other side, especially small business people. we won't be able to pay insurance and the like. is that a real reasonable and persuasive argument? >> no and in fact, we have a real world experiment that tells us about this. in new jersey a few years ago, they raised the minimum wage. they did it in pennsylvania. there was an examination of fast food and it turned out that in new jersey, hiring went up and in pennsylvania, hiring went down. but let me turn this upside down. why aren't we talking about the fact that the total stock market is worth less today than in 2000 and yet, the ceos are getting more and more money. if we just turned this argumen
, eventually as the economy recovers, slowly recovers, that's going to go up. don't forget natural gas. it's becoming a very r v real threat. >> i don't have a lot of time to make good op a bet, but i'll win this bet. phil, what could get in the win of your predictions? >> well, basically, the government's getting involved in fracking and going away from it, but, you know, i don't think the governments can get away from this. we have seen this in history before, neil. we go from cycles. remember the first time we had peak oil, a few years ago, running out of oil; right? we talked about whale oil. the market builds a better mouse trap, and right now, we are at the most significant juncture in u.s. energy. we're going to change the energy mix as we know it going forward. how you thought about energy five years ago totally changed. neil: i don't know. you have your own white puff of smoke you had today, i want to thank you, and speaking of the other big story of the day, white smoke means, as you know by now, we have a new pope, in fact, we have the first latin american pope putting a stamp o
a deficit reduction plan over the longer term, starting as the economy begins to recover more that will give more credibility to the market, such that interest rates don't go up if they get scared, we'll never do anything about deficits. but it's a matter of timing, not a matter of morality. ivities bob, giving all great work that demoss is doing, the republicans have been masterful insofar as is the national debate has centered on deficits. a lot of the economists would say, look, as ezra points out, a long-term plan is necessary, but in the short term stimulus spending is what we need. >> exactly what we need. >> the elephant in the living room is still unemployment. we have too many people who are jobless or underemployed, and budgets in any kind of reasonable state of balance without putting these people back to work in good jobs so that they're paying taxes. the question becomes, when we have they budget debates in washington and the question that's not being answered is, what is the goal? the goal is not simply to get a balanced budget or get closer. it's to have some kind of economic
crude prices can tell us about the broader economy. stick around. ♪ ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement. visit a branch or call now for your personal retirement review. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >>> good morning. welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick and andrew ross sorkin. u.s. equity futures at this hour after giving back about 62, well off the lows yesterday. indicated that a bounce a little, but a time can happen between thou and 9:30 on the east coast. there's energy, you see crude
and what we really need to do is to focus on growing the economy. the deficit is there. we can deal with it. but growing the economy is the first priority. >> yeah. >> congressman ryan, president obama campaigned on protecting the middle class. so why all of a sudden is chained cpi up there for grabs. even nancy pelosi is starting to embrace it here. are we seeing the democrats shift towards the republican position on protecting the big three? >> well, i'm not sure nancy pelosi is there just yet. i thought she was very careful on what she said, protecting the poor, protecting those seniors. so everything's fungible. and i'll go over battles for the poorest of the poor, our children and senior citizens with nancy pelosi any day of the week. and i'm confident in the house with the leadership of people like keith and john that we will be able to hold a line on some of this from the democratic side. but it does get worrisome every now and again when you hear these comments. i know you've got to be conciliatory and be ready for a grand bargain, but we're not going to sell our soul in the process
. if the economy hobbles along and don't get me wrong, the markets are roaring, we've had a few days where it has slowed just a bit. but the average american, the pedestrian middle class family how well are they doing? how confident are they? and if the economy slows for them, the prospects for immigration reform, i don't believe are nearly as high, if you don't get what mark has been saying now for over two weeks. the sequencing done right on this cut spending cuts and tax reform. things sound great and they're moving along now. but joe, as we talked about earlier, you're going to have reticent democrats. and even key congressional races who are going to slow down a bit and saying, look, i want immigration and guns dealt with, what are we doing about the economy and the budget, the debt, and tax reform? >> and this is, richard haas, you can only push people so far, i mean, not the republicans' best friend. this weekend said democrats you're about to lose me. i pay 40% federal, 15%. well, i hear we have it cued up. let's go. this is bill maher this weekend. >> -- actually do pay the freight in th
the economy. >> we want to make sure the people know the event is happening this year. >> reporter: the new organizers say it will be scaled back. >> we're not going to have 7 stages. we'll go back to the way it started. >> reporter: new organizers say they need corporate sponsors. after this year they'll work on a five year plan to keep it out of jeopardy in the future. >>> ktvu learned that a man shot do death was under surveillance in a homicide. we're told the driver was a person of interest in a homicide in san jose last week. police say the driver accu celebrated toward an officer and the officer opened fire. some neighbors are questioning the use of force. >> too extreme. there are a lot of kids and people out. >> i would think they would have some precaution or back down a little bit. >> the driver died at a hospital. his name has not been released. >>> cal train says a pedestrian was killed on the tracks this afternoon. a north bound train struck the pedestrian south of the deer don station ju
in the house are presenting it, it will have a drag on the economy right now. >> you guys know you have a budget. we haven't had a budget in four years, what are you doing ripping this one to shreds? >> not since 1921 has a president failed to beat the timetable to submit his proposed budget to the united states congress. >> the president will be putting forward a budget in the next several weeks, probably the week of april 8th. >> it is beyond tardy. >> i've been here a month and a half so interestingly, i honestly have not seen regular order since i've been here. it seems like that we're going from catastrophe to-- and this is really how the president operates. >> greta: and tonight, talk about nerve. the white house slamming congressman paul ryan's budget plan yet the white house hasn't bothered to put out its own budget. the law says that the president must submit a budget by the first part of february. and kelly ayotte. >> good to be with you. >> greta: and you're not responsible for the president, but are you curious? >> i'm very curious where it is. you think about it, i'm glad t
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to produce acompromise. and that would be a good thing for the american economy and a good thing for the american middle class. >> are there any indicators at this juncture that there are some come grounds being found? >> i think you saw with the dinner with the group of senatoring saying they would be willing to consider a balanced approach, consider revenue from tax reform coupled with, you know, a savings generated with entitlement reform and that's essentially the president's position and what he's put forward in his proposal. we'll see. the gap is wide. we saw with the house republican budget proposal presented this week by chairman paul ryan that there are -- there's a huge chasm in terms of at least the president's view and the view of a lot of folks in the country and also in the senate versus the house republican view, which is basically to have all the burden of deficit reduction be bourn by senior citizens, by voucherizing medicare, by families that depend on assistance for education and assistance for helping their elderly parents and nursing homes, basically ask all
. do you want to know how many republicans voted for universal background checks on the economy? zero. the vote was 10 to 8. all republicans voted against. democrats voted for. with 91% support. tell me how this ends for the republican party. joining us now is the congresswoman who represents newtown. nice to be here. i know today, you were -- you saw the bike riders leave on their journey to washington and you were there today in washington when they arrived. what do you see as that kind of personal equipment we're seeing by people who care about this issue. >> and the courage these folks are showing, that these parents who lost loved ones who lost their friends and neighbors are showing not anger. not retribution, but commitment for real common sense gun laws. you just said it. 91% of the public. which i wonder if that is related to the about 90% of the public who think congress is is doing a lousy job. it is time for us to step up. >> when you look back at the kinds of events that have gal vanized real change, it is fascinating to look back at how hard people tried to pass gun refo
is not to chase a balance budget just for the sake of balance. my goal is how do we grow the economy. put people back to work and if we do that we're going to be growing the economy. >> paul ryan's plan is to eliminate obama care. >>> sources tell us that our report has persuaded the nfl to consider genetic tests for players. a health and science editor john fowler broke the story last month of a cheek swab test that its innovators say will show bio analysts for brain damage. roger goodell now says the league wants to learn more about those bio markers. thousands of players are suing the league charging they did not do enough to protect players. >>> in europe, a late winter storm shut down travel in several countries. europe's third busiest airport cancelled hundreds of flights and more cancellations are expected tomorrow. >> and in england hundreds of drivers were stranded for up to 10 hours on ice and snow covered highways. in fact, some drivers simply abandoned their cars which just added to all the problems. >> in china the number of dead figs found in a river in shanghai has doubled reachi
proposed that idea, because he says it will boost the local economy. amber lee is live in the city tonight, where some people think extending last call will bring some big headaches. and not just for those who are drinking. >> reporter: frank, we're inside tupelo in the northeast. an area known for its vibrant nightlife. the question is how will it affect businesses and residents. every drink that's poured is money that flows into the economy. the owner of tupelo bar and restaurant says two additional hours of alcohol service will make a difference. >> to allow businesses to maximize their ability to have profits, and san francisco in general, i think has always been a place for people to come for nightlife. >> reporter: if passed, it would allow cities to partner with the state to come up with a plan that would include community input in allowing certain establishments to serve alcohol until 4:00 a.m. supporters say currently, there are at least 25 cities, including chicago, new york, and washington, d.c. which allow alcohol service beyond 2:00 a.m. >> if there were enough employees that
and trails only the economy as the most frequently named problem in the poll. that 20%, by the way, as i said a minute ago, is highest since early june 1974. just months, actually months before richard nixon resigned. we'll be right back. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common
the invention of finance led to the beginnings of modern capitalism, trade, renaissance and the global economy. all because of double entry bookkeeping. read the book and you'll be convinced. >>> american media spills a lot of ipg on polls that tell us which nations hate america. which ones tolerate america and which ones really like us. but much less is known about how americans feel about our brothers and sisters abroad when we even deign to think about them. gallup has a new poll that does just that, with some surprising results. america's most hated nations. number one, the palestinian authority. number four, syria. number three, pakistan. number two, north korea. and the nation americans feel least favorable about, drum roll, please, iran. so, whom do we love? in fifth place, france. then japan, then germany. well, i guess those last two show that americans can really a get over the past. great britain gets second place and we don't have the luxury to travel very far to find our buddy, canada is number one. i guess we've entirely gotten over the war of 1812. does anybody even remember wha
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back to, would and strong economy. a second priority one coupled with economic growth. i think we can do both. make sure we have deficit reduction but don't cut too much too fast. >> dick durbin also optimistic they can move forward. as congress grapples with developing a budget it must deal with another problem that looms it has to pass a continued resolution before march 27th to avert a government shut down. heather, they go on break at the end of this week. we will see what happens. >> of course they do. they are always going on breakdown there. >>> it is time for your first degree weather update with ma r maria molina. >> maria is in the weather center tracking another storm. is that right? >> yes. a brand new storm impacting portions of the upper midwest today and we are expecting to see snow from the same system into the northeast as we height. we could be seeing significant accumulations especially across places in new england. want to start out with high temperatures. we are seeing wild disparities as far as the temperatures go. take a look at minneapolis. 30 degrees for the h
they say. >> the white house put out a statement concrete plan boost the economy and reduce deficits. today the chairman of the senate budget committee made her pitch. >> our budget reflects the pro-growth, pro-middle class agenda that the american people went to the polls of in support of in the last election. and i believe it is is a strong and responsible vision for building a foundation for growth and restoring the promise of american opportunity. >> though senator murray and white house like it not clear how senate democrats up for re-election 2014 will feel about voting on another 1 trillion-dollar tax increase. shep? >> shepard: we heard today from com ryan. he is contrasting the house g.o.p. budget with the senate plan. >> that's right. congressman paul ryan notes that his own plan would increase government spending each year but just not at the rate that we are doing currently. ryan also is particularly irritated with one aspect of the senate democrats' plan.>> we may not agree on how to balance the budget. but we ought to be able to agree on 00 need to balance the budget. a balanc
. higher taxes and an improving economy are expected to hold the deficit below one- trillion dollars for the first time since president obama took office. >> reporter: police say they're searching an upstate new york village after exchanging fire with a man suspected of killing four people and wounding two others. state police superintendent joseph d'amico says swat teams and other officers were fired on from an abandoned building in herkimer early wednesday afternoon while looking for 64-year-old kurt myers. police say myers' rampage started with a fire in his apartment in the nearby village of mohawk at about 9:30 a.m. wednesday. they say he then used a shotgun shot to shoot four people, two fatally, at a barbershop around the corner before killing two more at a herkimer oil change and car wash business. >> catherine: a new york grand jury indicted a man today.for a hit and run accident that killed a couple and their unborn child in brooklyn. police say julio acevedo had been speeding. he surrendered to police in pennsylvania last week and was indicted on a charge of leaving an acc
of money and it helps the economy. >> we want to do is make sure that people know that the event is happening this clear. >> reporter: the new organizers say that the large festival will be scaled back. >> we're not going to have seven stages. we'll go back to the way carnaval started. >> reporter: residents and business owners gatted at at this theater to organize, volunteer and offer to help raise money. in san francisco, rob roth, ktvu channel 2 news. >>> uc students hoping to earn degree credits online may not be able to after all. university of california faculty leaders announced their opposition to legislation that would allow public college students to earn credits online. the bill would allow students who can't get into overcrowded classes to take similar online courses from outside institutions. >>> state where sheman tom amemiano introduced legislation that would make policing cannabis laws the responsibility of california alcoholic bench control. it would provide a structure for medical cannabis cultivation, processing, testing and description. >>> a few light showers
the recession that follows on as they try and make the economy back on track. this was done because some european countries believed to be the fins and germans and other northern european countries wanted to make sure they were not seen as bailing out rich russian who have accounts in cyprus. or indeed they now felt that people had to pay their part of the pain. but it was not done in ireland. it was not done in portugal. it was not done in greece. and with the prospect of possibility of spain and italy, you can see -- i cannot find, michael and suzanne, i cannot find one economist or banker that i've spoken to today that says this was a good idea. everybody agrees it was a pretty awful policy. >> let's bring in alison. i want you to weigh-in on the conversation here. we're looking at the u.s. markets. looks like it's down by eight points or so. what is the impact do you think in the united states? >> it's actually come back a long way, hasn't it? >> michael, it really has. you saw the knee-jerk reaction right when the bell opened the dow dropped as much as 110 points. obviously it's com
of 2023, the economy will be at a crawl. we will have $8 trillion added to the debt. >> in a trip to a national laboratory outside of chicago, the president made a number of very light-hearted comments about the impact of the sequester. the speech went on to focus on the energy proposal. >> those who have chairs, lease feel free to sit down, everyone was standing and i thought...the laboratory, you know, an effect of the sequester, you had to...get rid of chairs. glad we got you chairs. >> as you mention two different tones, the speech coming on the heels of a rare three day visit to capitol hill where he reaped across party lines to encourage compromise. >> back to you. >> now, because another bombshell in the benghazi story this morning. perhaps the white house hoped the story had gone away but it turns out that we were wondering, why haven't we heard from any of the survives? why not hear from the press? we only hear from hillary clinton and high level officials, why have we not heard from the survivors who were there at the consulate when this unfolded? this only we could have
economy. we stand together because we share a commitment to helping our fellow human beings around the world. when the earth shakes and the floods come, our doctors and rescuers reach out to help. when people are suffering from africa to asia, we partner to fight disease and overcome hunger. we stand together because peace must come to the holy land, for even as we are clear-eyed about the difficulties, we will never lose sight of the vision of an israel at peace with its neighbors. so as i begin this visit, let me say as clearly as i can, the united states of america stands with the state of israel because it is in our fundamental national security interest to stand with israel. it makes us both stronger. it makes us both more prosperous, and it makes the world a better place. that's why -- [ applause ] that's why the united states was the very first nation to recognize the state of israel 65 years ago. that's why the star of david and the star and stripes fly together today. that is why i'm confident in declaring that our alliance is eternal, forever. thank you very much. [ appla
to do to the economy, but you, you might have to pay for it. there is one senator prepared to filibuster to protect social security, medicare and medicaid. senator bernie sanders will join me in a moment, but president obama, he went to capitol hill today for a closed door meeting with the democrats. senate budget chairwoman patty murray, she revealed a plan with new revenue and spending cuts. nearly $1 trillion over the next ten years. president obama will meet with both parties on capitol hill. meanwhile, chairman paul ryan unveiled his budget plan and listen to how ryan describes republican priorities. >> the most important question isn't how we balance the budget, but why. a budget is a means to an end. an end is the well being of the american people. >> the most important question is how we balance the budget and making sure it's not on the backs of working americans. congressman ryan also made an unfortunate slip. >> this to us is something we're not going to give up on because we're not going to give up on destroying the health care system for american people. >> an instant classi
and building the economy and you heard this. >> you know, i realize that bain was outsourcing business model. i realized, number one, it's wrong on so many levels. what he's talking about is a prison camp in communist china and i realized that the complete lack of empathy, when he talks about the girls stacked three high. for him to come away with a good feeling about it, i thought this guy is dangerous. he wonders through this horrendous place and thought to himself, this is pretty good. then i realized, wait, he doesn't care about those girls, he sure as heck doesn't care about the people in illinois or ohio or the manufacturing jobs, all the companies he closed down to ship this place, you know, ship these jobs to china. he doesn't care about the people, the auto workers in the u.s. this is his m.o. this is what he does. he's a vulture capitalist and doesn't care even on the basic level. >> his research exposed the horrible conditions in the global tech factory. the report called betting against america's workers showed the horrible working conditions, conditions in the factory. it led scott
, and building the economy, and you heard this. >> you know, i realize that, you know, bain was kind of the pioneer of this outsourcing business model, you know. and i realized that, number one, it is wrong on so many different levels. you know, essentially what he is talking about is almost a prison camp in communist china. and you know, and i realize that the complete lack of empathy when he talks about the girls stacked three high and he pays them a pittance, when he comes away with a good feeling about it, i thought, this guy is dangerous. he just wandered through the e horrendous place and thought, this is pretty good. he doesn't care good b those girls. he sure as heck doesn't care about the people in illinois or ohio on manufacturing jobs that all of the can companies that he closed down to ship this place -- ship these jobs to china. he doesn't care about the people that are out of work in the u.s. and i said, man, this seems to be his m.o. this is what he does. a vulture capitalist. doesn't care. just even on the most basic level. >> scott's research led him to a report ex
by the time we came into office in 2009, it was all about the economy. but the animating event really for three years, leading up to that election, was iraq. i definitely think, i think it is, i think it will have a huge impact, it has on this commander-in-chief and will have on future commanders in chief. because they understand that without some popular support, it's hard to go about doing -- a lot of military action. without some broad popular support among people to do something like this, there's very little taste to park tens of thousands of people in a place like syria. that even though it's important, has less of a connection to folks here at home. they understand now probably more than ever, the real costs of the war. not just in dollars, but in lives and in injuries and in things like ptsd, which we'll quite frankly be dealing with for a lifetime. >> rachel i want to talk about the veterans' angle on this and we speak about the cost of war. we often forget about those still living if you're look at what's happening to veterans, there are 600,000 of veterans who have backlog
technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. witthto fight chronic.ation, rosteoarthritis pain.ses to fight chronic low back pain. to take action. to take the next step. today, you will know you did something for your pain. cymbalta can help. cymbalta is a pain reliever fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. anti-depressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or bl
corporate earnings and concrete signs that the economy is slowly improving. like last week's monthly jobs report and yesterday's retail sales report showing that consumers are still spending despite the 2% payroll tax hike. keep in mind that valuations are telling investors that equities are not overpriced. based on the s&p 500, it's 16. that's below the average that we've seen since 1988 of 18.8. there's still stocks out there that are cheap. a word of caution, when the market runs up, analysts predict a correction soon after. beware of these stretches. >> meantime, there's a new survey out. i thought it was interesting. there's a big shift in the attitude of working moms. >> that's very true. according to a pew research study. a big spike in the number of working moms that said they prefer to work full-time. 37% said that. that was up from 21% in 2007. it comes at an interesting time. because despite the run-up in the stock market, it's tough out there for most people. that could be influencing the results of had study more than ambition alone. >> cnbc's jackie deangelis, always good to
jobless numbers stay about the economy. it's happened again. another carnival cruise ship in trouble. what's happened this time? >>> the markets are due for a correction at some point. but right now in early trade, the dow is looking to extend its recent winning streak to ten days, the last time it was up nine days in a row was 16 years ago. taking a live look at the big board, the dow is up 59 at 14,514. the s&p also just a few points away from its record close. right now, it is up 5 at 1516. the nasdaq is also up 10. now, the main reason for today's surge of the stock market, the labor department says the number of new jobless claims hit a five-year low last week. the government reports new claims fell to 332,000. that's down 10,000 from the week before. it's also down almost 13% since november. the drop shows fewer layoffs are creating new strengths in the job market. >>> a dream becoming a nightmare for another group of cruise ship passengers. ktvu's pam cook is in our newsroom now to tell us about more problems for carnival cruise shrine. >> about one month after that engine fire on t
interest rates, these retirement funds are predicated on assumptions of healthy growth in the economy and interest rates which accrue money in a safe way into these accounts. and when you do away with the interest income and you do away with the economic growth, you see a deflation of these retirement funds and they're not worth what you projected they would be worth so you run out of money ten years more quickly than you'd thought you were going to. >> megyn: and you're living 20 years longer than you thought you were. they talked to the actuaries, a man who reaches age 65 this year is now expected to live additional 20.5 years and women who turned 65 this year are now expected to live additional 22.7 years, so, you know, pretty good numbers in terms of your life span, leslie, but they weren't really planning on living that long and nor were the employers and more has the government been planning on seeing people live this long. >> no, that's true. by the way, when i did some research on this, the longer we go into the future, the longer people are going to live and that's what the s
on the down and with the new jobless numbers -- and what the new jobless numbers stay about the economy. it's happened again. another carnival cruise ship in trouble. what's happened this time? >>> the markets are due for a correction at some point. but right now in early trade, the dow is looking to extend its recent winning streak to ten days, the last time it was up nine days in a row was 16 years ago. taking a live look at the big board, the dow is up 59 at 14,514. the s&p also just a few points away from its record close. right now, it is up 5 at 1516. the nasdaq is also up 10. now, the main reason for today's surge of the stock market, the labor department says the number of new jobless claims hit a five-year low last week. the government reports new claims fell to 332,000. that's down 10,000 from the week before. it's also down almost 13% since november. the drop shows fewer layoffs are creating new strengths in the job market. >>> a dream becoming a nightmare for another group of cruise ship passengers. ktvu's pam cook is in our newsroom no
in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. by earning a degree in the field maof counseling or psychologyth from capella university, health. you'll have the knowledge to make a difference in the lives of others. let's get started at capella.edu. will restore even skin tone? think again. introducing olay professional even skin tone. developed by experts in skin genomics to target 5 major causes of uneven skin tone and help restore even color. olay professional even skin tone. challenge that with olay facial hair removal duos for fine or coarse hair. first a pre-treatment balm then the effective cream. for gentle hair rem
the economy, just as things are getting back on track here. you know, it's a lot for these legislators and the governor to weigh, weighing those sorts of issues with, you know, crimes like this. >> and when will the governor come out and actually sign those bills into law? do you know, jim? >> i believe that's scheduled for later this afternoon. i don't know if that's changed, because of what happened today. i would tend to doubt it, but i think he's scheduled later this afternoon to sign that. >> jim spellman, i'm sure you're still on the case trying to get more information for us and u.s. >> sad story out of colorado springs, colorado this morning. we'll be right back. ♪ [ female announcer ] from meeting customer needs... to meeting patient needs... ♪ wireless is limitless. [ female announcer ] from fiing the best way... ♪ to finding the best catch... ♪ wireless is limitless. mr. wiggles and curling irons. for the little mishaps you feel, use neosporin to help you heal. it kills germs so you heal four days faster neosporin. also try neosporin eczema essentials. all your impor
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